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2236 Joana Drive
Santa Ana, CA 92705
Residential Multi Family (Duplex)
0.17 Acres
4109 Sqft Living Area
8 Bedrooms
7 Bathrooms (7 Full, 0 Half)
Year Built: 1969
$1,789,000
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Property Description
A highly upgraded and sought after Covington style 4-unit located in a beautiful safe and secluded neighborhood. The attractive unit mix comprised of (1) 1BR/1BA, (2) 2BR/2BA, and (1) 1BR/1BA. The building owner has spent thousands of dollars to upgrade it. It is located in a nice neighborhood, in a coveted high demand area between Tustin and Orange. There are laundry units on-site for additional income. This investment opportunity boasts a new sturdy roof and new exterior paint. All units have new dual-paned, energy-efficient windows and patio doors, and all new garage doors. A new water heater installed in September 2023, ensuring comfort and efficient for all residents. The building has new automatic sprinkler system and grass. All 4 Units are turnkey! Unit A is 3BR/2BA - fully remodeled in 2022, unit B is 2BR/2BA - fully remodeled in 2022; unit C is 2BR/2BA, unit D is 1BR/1BA - both were upgraded within the last 5 years. What sets this 4-Plex apart is its exceptional tenant history; reliable and long - term occupants who consistently meet their rent obligations, providing a stable income for investors. The property is close to schools, neighborhood parks, shopping centers, and just 7 minutes from Chapman University. Conveniently located close to the 55, 22, 5 freeways, commuting is a breeze. Around $8,900 of income per month plus potential upside. Don’t miss this opportunity to own an investment property where comfort meet financial stability!
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Contact Details
Name: Lily Campbell
Email: lily@lilycampbellteam.com
MLS Listing Id: OC23198895
Agent Phone: (949) 539-0824
List Agent License: 01229782
Office Name: First Team Real Estate
Office Phone: (949) 539-0824
Office MLS Id: H07700
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.